HOUSTON, Jan. 17, 2020 /PRNewswire/ -- In December,
Ryan Companies, along with Page and BBVA USA, announced their plans to build a
60-story, 770-foot-tall multi-use tower in downtown Austin. BBVA currently conducts business
operations on the site and expects to continue in a new 4,000
square-foot space upon project completion.
Last month, the bank also announced that it was one of a few
companies that participated in the beta testing period for Yext
Answers, a new natural language processing search engine that
businesses can embed in their own websites and use to provide
brand-verified answers. The search engine product – now
available – is integrated into BBVA USA's website to help customers get the
answers needed for their financial journey.
Also, in December, the BBVA Foundation wrapped up the seventh
year of its signature holiday initiative, Project Blue Elf. In
collaboration with its nonprofit partners from across the bank's
footprint, the BBVA Foundation hosted 26 holiday events across 23
markets to recognize more than 1,000 individuals and families
participating in its financial education program.
Presented below are articles and news from December 2019 that were posted on the bank's
online newsroom; global media platform, bbva.com; and financial
education blog, MoneyFit.
Corporate News
BBVA USA takes part in new multi-use tower in
downtown Austin
BBVA USA joined Ryan Companies and
Page in announcing their plans to build a 60 floor multi-use tower
in Austin's Central Business
District. "BBVA's mission of creating opportunities and its
commitment to the places it calls home is epitomized in this
project," said BBVA USA Austin CEO
Jon Rebello. "Our involvement in
this landmark project will enhance our ability to serve our
Austin clients."
BBVA USA named the 2019 CX Leader for U.S.
Commercial Middle Market Banking by Greenwich Associates
BBVA USA has been named as a 2019
CX Leader for U.S. Commercial Middle Market Banking Greenwich
Associates, a research-based financial consulting firm. The firm
recognizes the bank for building and implementing a detailed
customer experience program that identifies and addresses
issues.
BBVA USA named one of GOBankingRates' Best Regional
Banks of 2020
BBVA USA was named one of the Best
Regional Banks of 2020 by GOBankingRates, an online resource that
helps consumers find the best financial products nationwide. The
listing highlighted BBVA's free checking account options and
12-month CD rate, as well as its fee-free ATM access for higher
level checking accounts.
BBVA USA appoints Heather
Pesikoff as Senior Trust Advisor and Head of Specialized
Trust Services
Pesikoff, a 20-year veteran in the asset management, tax and estate
planning and trust services industry, will be responsible for the
management of all fiduciary and trust activity, a key facet of BBVA
Investment Services
Market Spotlight
BBVA USA promotes long-time employee and leader
Susana Valencia to the position of
Texas Border and Gulf Coast CEO
BBVA USA announced that
Susana Valencia has been named its
Texas Border and Gulf Coast CEO. Her responsibilities include
overseeing commercial banking operations in Beaumont, El
Paso, the Rio Grande Valley, Corpus Christi and Laredo, a market where she previously served
as Laredo City President.
A Q&A with BBVA
USA's new Austin CEO, Jon Rebello
In November 2019, BBVA USA appointed Jon
Rebello as its new Austin CEO, taking over a booming market
in both the digital and economic landscape. With an eclectic market
to oversee, and an experienced team behind him, Rebello is more
than ready to make the jump from his previous position of Texas
Border and Gulf Coast CEO.
BBVA USA Jacksonville Market CEO Nelson Bradshaw named to second FDFC
term
BBVA USA Jacksonville Market CEO
Nelson Bradshaw was named by
Florida Governor Ron DeSantis to serve a second term in the
Florida Development Finance Corporation. Bradshaw, who serves as
the organization's treasurer, was one of four members announced and
the only returning member.
BBVA USA gives $30,000 in grants to Jacksonville nonprofits working to promote
small business and entrepreneurship
BBVA USA provided $10,000 grants to three nonprofits in
Jacksonville who are focused on
growth and development of small business and entrepreneurship. The
$30,000 brings the bank's 2019 grant
total in the Jacksonville area to
over $180,000.
BBVA USA announces the addition of five business
bankers to its Houston Commercial Emerging Markets team
BBVA USA, in its continued
commitment to creating opportunities for the area's business
landscape, added five veteran bankers to its Houston Commercial
Emerging Markets team. The new hires are comprised of experienced
banking professionals with diverse backgrounds in the industry,
ranging from commercial lending, credit analysis, retail, and auto
lending, among other areas.
Digital Banking & Innovation
Revolutionizing customer
experience across industries with BBVA Open Platform
In this article, BBVA USA
President and CEO Javier Rodríguez Soler shares insight on how the
bank is enhancing the customer experience not only in the banking
sector, but across industries. With BBVA Open Platform, companies
can leverage the bank's API-driven banking and payment services
under their own brand to create innovative solutions for
customers.
Got a question? BBVA
USA search has the (right)
answer.
Search engine tech company Yext has created a natural language
processing search engine that businesses can embed in their own
websites. BBVA USA was one of a
few companies across all industries that participated in the beta
period for Yext Answers. With Yext Answers' natural and predictive
search capabilities integrated in BBVA USA's website, the bank can better serve up
brand-verified answers for customers' questions.
Forbes "100 Stats on Digital
Transformation and Customer Experience" reflects BBVA's own digital
transformation
In a recent Forbes article, contributor Blake Morgan shared 100 stats that demonstrate
the growth and importance of digital transformation and its impact
on customer experience. At the heart of its own digital
transformation, BBVA has been continuously focused on blending
human relationships and the digital experience.
Responsible Business
A decade of service: AFP and
BBVA team up once again
For the tenth consecutive year, BBVA USA sponsored the Association for Financial
Professionals' annual community service day project, AFP Aware –
2019's projects aimed to uplift the Boston community.
BBVA Momentum winner named to
Forbes magazine list of 30 Under 30 Social Entrepreneurs
Laura Hertz of Gifts for Good
recently won first place in the 2019 edition of BBVA USA's social entrepreneur accelerator program,
BBVA Momentum. Adding to her list of accomplishments, Hertz was
recently recognized by Forbes in its list of 30 Under 30 Social
Entrepreneurs for 2020.
Economic Research
BBVA Research releases U.S.
Recession Risk Monitor
BBVA Research released its U.S. Recession Risk Monitor, noting that
the probability of a recession within the coming 12 months (from
December 2019) is at a one-year low,
with the likelihood at 30 percent.
BBVA Research releases U.S. Oil
Prices Outlook
BBVA Research released its U.S. Oil Prices Outlook, highlighting
the expectation that oil production will expand further in 2020,
though at a slower pace.
Resource Articles
What is a CDFI?
Community Development Financial Institutions (CDFI) are private
institutions dedicated to facilitating economic growth, job
creation and opportunity in low-income communities through credit,
investment and affordable financial services. BBVA has provided
support and funding for CDFIs, recently reaching $100 million in CDFI investments.
Can you be successful in the
gig economy?
More and more Americans are working on a contract, short-term basis
for a variety of customers, rather than working on a long-term
basis for one employer. Despite the challenges, millions of
Americans are making their living as gig workers. Interested in
joining the gig economy? In this article, we provide a checklist to
help you.
The benefits of multiple
accounts at a single bank
There are a few reasons that people maintain multiple accounts,
including organization, goal-setting and earnings rates. If you
share finances with a partner or other person, privacy and
independence could also come into play.
When is the best time to buy a
car?
Buying a car is complex enough – there are financing options to
consider, models to take into account, gas mileage, safety, budget,
among other aspects. However, what could help you in your quest for
a quality automobile is figuring out exactly when the best time of
year is to purchase a car.
Investments: What is asset
allocation?
Investors often spread their resources over various types of
investments such as stocks, bonds, cash accounts and mutual funds.
Rather than picking each investment on its own, thoughtful
investors tend to look at their holdings as a whole, building
portfolios that match their personal goals, life stage, time frame
and tolerance for financial risk known as asset allocation.
Financial Fundamentals:
Understanding retirement planning
Most financial experts agree that retirement planning is the most
important financial planning you can do. Even so, there are still
many Americans who have no retirement savings and many others who
don't have enough. Understanding the different types of retirement
savings accounts can be extremely helpful as you start to plan for
the future. In this article, we provide some of the most common
types of accounts.
For more BBVA news visit, www.bbva.com and the U.S.
Newsroom.
Additional news updates can be found via Twitter and
Instagram.
For more financial information about BBVA Compass, visit
bbvausa.investorroom.com.
About BBVA
BBVA Group
BBVA (NYSE: BBVA) is a customer-centric global financial services
group founded in 1857. The Group has a strong leadership position
in the Spanish market, is the largest financial institution in
Mexico, it has leading franchises
in South America and the Sunbelt
Region of the United States. It is
also the leading shareholder in Turkey's Garanti BBVA. Its purpose is to bring
the age of opportunities to everyone, based on our customers' real
needs: provide the best solutions, helping them make the best
financial decisions, through an easy and convenient experience. The
institution rests in solid values: Customer comes first, we think
big and we are one team. Its responsible banking model aspires to
achieve a more inclusive and sustainable society.
BBVA USA
In the U.S., BBVA is a Sunbelt-based financial institution that
operates 641 branches, including 330 in Texas, 89 in Alabama, 63 in Arizona, 61 in California, 44 in Florida, 37 in Colorado and 17 in New Mexico. The bank ranks among the top 25
largest U.S. commercial banks based on deposit market share and
ranks among the largest banks in Alabama (2nd), Texas (4th) and Arizona (6th). In the U.S., BBVA has been
recognized as one of the leading small business lenders by the
Small Business Administration (SBA) and ranked 8th nationally in
terms of dollar volume of SBA loans originated in fiscal year
2018.
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SOURCE BBVA USA